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be a complete victory over barack obama and harry reid. and some republicans say just let the sequester happen, let the cuts happen. he says it is understandable because going to the trouble of fixing the sequester would be fixable, and the effort to do so would create strains in the republican congress. but what is understandable is not always responsible, allowing the sequester to go into effect would be deeply irresponsible. steve, deeply irresponsible has never been a winning argument with the house republicans. it has never scared them. >> but i guess, this is an interesting division in the republican party with the rise of the tea party. because the republican party has traditionally been the protector of the defense contracts. there is a conservative part that says to heck with them, we're in favor of big sweeping cuts but we're also okay with big sweeping cuts to the defense department. then you have big crystal, john mccain even floating the idea maybe he would be okay with more revenue as long as it meant getting the revenue off the sequester. the interesting thing here, march one is
and harry reid and the hl said in the last few days we don't have a spending problem. this will hurt in places. at the end of the day it's unclear how much people will blame the president or the republicans for what. they think we have a spending problem. >> great thing about everybody wants, thinks ve a revenue problem. spending problem. this is great until it's their thing that got cut. my job or my social security or medicare or whatever the cut is. everybody thinking we have a spending problem until it happens. the cuts come and price to play and then we blame somebody. there is blame on both sides but that is the politics. >> bret: does it happen? >> i think there will be -- we have sequestration. >> does it happen? >> absolutely. we needed presidential leadership for 18 months to avoid this. the president is nowhere, never presented a plan. last week they asked in congress testimony what is the number attached to the president's plan and he said we have never seen a president plan. avoid it. >> thank you. coming up, sig, assigning blamer war crimes in syria. [ male announcer ]
override -- harry reid yesterday said the nra is just one organization among many. we listen to them but that doesn't mean we follow them. can we override the nra on these background checks? will we this time? 866-55-press. one other gun-related item that caught my attention that i find disgusting, this headline in "the new york times," got the whole article because i clipped it, it bugged me so much the most wanted gun in america. you know what happened up in newtown connecticut on december 14th, this union gunman broke into sandy hill elementary school, takes out his ar 15, mos down 20 innocent 6 graders, some of them shot 10, 11 times action with that ar 15, also mowed down and killed six innocent teachers and supervisors there at that school the police say that's the weapon he used, the ar 15. so what did we do about it? what did americans do about that? did they turn in disgust at that weapon, that semi automatic assault rifle? did they say this good shall beould be banned because nobody needs a gun like that to defend himself or her family? we did the opposite
? >> harry reid won't get a paycheck if he doesn't pass a budget. we finally got his attention. >> i don't think there's any tag days for him getting a paycheck but thank you. >> about the g-7 -- >> my word, absolutely. currency wars front and center, particularly london, the world's major foreign exchange center. notice the stock markets are higher almost across the board. one of the major reasons the banks are rallying today, at the helm, barclays. unveiled a structureture to cut costs and rebalance the bank away from investment banking and the way consumer units grow organically much faster and return to internal equity of about 15%. the stock is up 18%. it continues to gain and dragging other banks in the uk and elsewhere and spain with it, and what the ceo had to say. >> we have to manage our capital very effectively and reduce our cost space and reduce the ratio of compensation to our net income. that's what we're talking about today. >> for the record, the average bonus investment banking at barclays is down 17% at $84,000. the big debate in europe remains on currencies, brussels,
proposed it to harry reid and off it went. in the end all the fingerprints of washington are on this deal in the end. you're saying in fact our navy is too pau small, you want a bigger one, buy bigger, cheaper, faster ships. this is a wake up call for the defense department. how do they learn from this. ralph? >> well, i hope they feel some real pain. i don't want our troops to feel pain. i don't want any honest federal worker to be furniture load. but my god, bill, the waste in the defense budget is enormous, and there is no lemon law when contractors sell us junk. generals and admirals don't say boo about weapons that don't work because they get out and go to work for the defense industry for lucrative salaries, and congress, again, they'll vote to preserve 20 bad jobs in their home district even if it cost us 20 troops. you're absolutely right, everybody's fingerprint is on it and my line to the republican is if sequestration is so bad, why do you guys vote for it? why do you have the guts to stand up back then? i say a playing on bot plague on both their houses stphao. bill: the milit
Search Results 0 to 9 of about 10 (some duplicates have been removed)

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